Not good news for Quickflix, page-67

And still resulting in a 1m plus quarterly loss. Yes their financial and fundamental position is as bad as ever.

Whether it's 100,000, 120,000 or 150,000 paying customers the figure is so ambiguous it isn't going to be enough to improve QFX position. They still have a minimal amount of market share well under 1% of Aus households.

Fundamentally QFX position is worse , Presto or not they've lost licencing for streaming play and still have 5m unpaid debt to those suppliers.

Also all quiet since Presto announcement, when it comes to penny dreadful stocks, no news is bad news.


Kat.